🆓Ethereum Classic/USDT Analysis (17/2) #ETC $ETCETC is a very promising coin as it can climb to 24$ zone in the next few days.
The $15 zone is a very good support zone for it
📈BUY
-Buy: 14.5-15.0$. SL if B
📉SELL
-Sell: 23.5-24.5$. SL if A
♻️BACK-UP
-Sell: 14.5-15$ if B 14$. SL if A
-Buy: 12-12.5$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
ETCUSDTPERP
ETC 1D Aggressive buyer made x2, and you?It's been a little over a month since the previous ETCUSDT idea was published and it's time to update it.
The previous idea worked out quite interestingly:
At first, the ETCUSD price tried to rise uncertainly, but then sharply fell to the level of $5 , where an aggressive buyer buys back and gains a long position for more than 3 months.
Then we had a strong growth, which ended at the upper target from the previous idea in the zone of $10 which made x2.
If you look at the chart globally, you can see that the ETCUSDT price has been moving up the channel for the last 10 months.
Now the ETC price is trying to fix in the upper half of the channel.
If this trend continues, then in the coming days we should expect growth to the level of $9 , where it is worth more closely monitor the behavior of players in the trading pair ETCUSD.
After all, the further price movement will depend on it.
We have depicted possible scenarios on the chart, and if we notice drastic changes in the dominance of powers in this trading pair, we will definitely update the idea.
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ETCUSDT - Fast onccoming speed.Price sharply oncoming to the level without range and kickbacks. A good signal in the price movement will be:
1. The closing price of the next day's candle is higher than the High of the previous day"s candle.
2. Candles have short shadows.
3. The price moves inside the channel, quickly overcoming the distance from High to Low of the channel.
4. The price has left the channel and is moving towards a strong level.
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✳️Ethereum Classic/USDT (6/11) #ETC $ETC #ETCUSDTETC is in good buying force and has also broken out but still needs to close the 1D candle above the 5.5-5.6$ zone to confirm the uptrend and ETC will easily bounce back to the 7$ or even 9$ zone in this bull run
📈BUY- LONG Strategy
- Buy close to 5-5.1$, stoploss if B
- Buy close to 5.5-5.6$ if A, stoploss if B
📉SELL-SHORT Strategy
- Sell close to 5.5-5.6$ if B, stoploss if A
- Sell close to 6.9-7$ if B, stoploss if A
- Sell close to 9-9.5$ if B, stoploss if A
♻️BACK-UP Plan
- Sell close to 5-5.1$ if B, stoploss if A
❓Details:
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"